Key Highlights
- Swedbank AB expanded its Snowflake position by 6.0%, purchasing an additional 75,419 shares, bringing total holdings to approximately $291.84 million.
- SNOW shares opened at $141.75, significantly beneath the 200-day moving average of $201.76 and far from the analyst consensus target of $242.19.
- Fourth-quarter results showed revenue of $1.28 billion, reflecting 30.1% year-over-year growth, with EPS of $0.32 surpassing projections of $0.27 — though profitability remains elusive.
- Company insiders divested 435,054 shares worth approximately $72.7 million during the past three months, with one director reducing holdings by 61.83%.
- The company’s first-quarter FY2027 financial results are scheduled for release on May 27, 2026 — a pivotal event for investors.
Snowflake shares commenced trading Wednesday at $141.75, positioned nearly 30% beneath the 50-day moving average of $157.50 and considerably under the 200-day average of $201.76. The equity has established a 12-month range between $118.30 and $280.67, currently trading much closer to its lower boundary.
Swedish financial institution Swedbank AB acquired 75,419 additional SNOW shares throughout Q4, elevating its aggregate position to 1,330,415 shares — representing approximately 0.39% of the enterprise. The filing indicated this stake carried a market value near $291.84 million.
Swedbank’s investment wasn’t an isolated occurrence. Multiple smaller institutional players expanded their SNOW exposure during the same period. GoalVest Advisory dramatically increased holdings by 221.4%, while both Physician Wealth Advisors and HHM Wealth Advisors grew positions exceeding 50%. Overall, institutional shareholders control 65.10% of Snowflake’s outstanding equity.
Contrasting with institutional accumulation, corporate insiders have been reducing exposure. During the preceding 90 days, company executives offloaded 435,054 shares totaling approximately $72.7 million. Notably, Director Michael L. Speiser divested 50,338 shares at an average price of $165.22 on February 6th — diminishing his stake by 61.83%.
EVP Christian Kleinerman similarly sold 10,000 shares on March 2nd at $165.01, maintaining 510,477 shares post-transaction. Both divestments occurred through pre-established Rule 10b5-1 trading arrangements.
Revenue Growth Continues Amid Persistent Losses
Snowflake’s latest quarterly performance, disclosed February 25th, demonstrated revenue of $1.28 billion — representing 30.1% annual growth and marginally exceeding the $1.25 billion consensus projection. Earnings per share reached $0.32, topping analyst expectations of $0.27 by $0.05.
Nevertheless, the organization maintains a negative net margin of 28.43% and unfavorable return on equity of 50.61%. Analyst projections anticipate full-year EPS of -$2.16. The company’s price-to-earnings ratio currently registers at -35.89.
Market capitalization stands at $49 billion. The firm reports a current ratio of 1.30 alongside a debt-to-equity ratio of 1.18.
Street Targets Suggest Substantial Upside Potential
The average Wall Street price objective for SNOW reaches $242.19 — suggesting approximately 71% appreciation from present levels. Among 41 analysts tracking the security, 33 maintain Buy ratings, one assigns Strong Buy, five recommend Hold, and two rate it Sell. The overall consensus reads “Moderate Buy.”
Bank of America reaffirmed its Buy recommendation while lowering its price objective from $275 to $195. Piper Sandler reduced its target from $285 to $230 while preserving an Overweight stance. Mizuho similarly decreased its target from $285 to $220 while maintaining an Outperform rating.
Zacks Investment Research upgraded SNOW from Strong Sell to Hold during early March.
Regarding product developments, o9 Solutions unveiled a fresh integration utilizing Snowflake’s Connected Application framework, connecting its o9 Digital Brain platform with Snowflake’s AI Data Cloud infrastructure.
Snowflake has scheduled its Q1 FY2027 earnings announcement for May 27, 2026.
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